On winning a 1 crore lottery in India, how much taxes do you pay?

how much taxes on lottery winnings
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Lottery winnings Interest Less Deduction u s 80C Add : Agricultural Income Tax on 6,05,300 : Tax on LTCG ₹ 37,500 @ 20 % Tax on Lottery winnings

Congratulations! · In Australia, lottery winnings are classified as tax-free income · This includes all prizes won through Golden Casket, NSW Lotteries, Tatts, In fact, lottery winnings are taxed, with the IRS taking up to 37% Curiously, though, only 24% is withheld and sent directly to the government

slotเว็บ ตรง Income Tax at the rate of 20 percent shall be applicable on all lottery winnings or prizes equal to or more than ,000 per lottery ticket  Right off the bat, lottery winnings over $5,000 are subject to tax withholding of 24% Additionally, depending on how much you are taking home